HERI started this topic @ 12:35 on 16/07/2008
Health and Environment Research Institute looking for businesses to implement growth through market pull technology.
More info at: http://www.uk-heri.org/land/
Ben Dobie
European Business Development Manger
RE: Looking for business with innovative ideas
HERI | 16/07/2008 07:12 PM
In the U.S 2.7% of GDP is spent on Research and Development. In Europe we only spend 1.9%. By investing into R&D, intellectual property is created; IP gives you the right to power through IPR. Markets shift and innovate through growth. To gain competitive edge Europe needs to innovate.
The European Commission have made available €52 Billion and to be spent over 7 years) this money is made available for company’s to invent/innovate and establish new markets with new products/process with defined market pull. This money is found at available to all European enterprises at www.cordis.lu
Europe wants to improve its 1.9% GDP to 3.0% this will make Europe a knowledged based economy. By owning the important patents of the world Europe will not have to compete with low labour rates outside Europe.
Who gets the €52billion?? UK and Mainland European industry, any company can tap into the 100% funded resource, in fact over a 3rd of the budget is allocated for small to medium sized enterprises . 90% of Europe’s enterprises are small or medium (less than 250 employees) SME’s add up to 75% of Europe’s economy.
My role in my organisation is to socialise with industry and look for company’s that have great innovative ideas “In a new risky market” but may lake the money or high science needed to achieve these ventures.
Health and Environment Research Institute UK have a clean hands approach to IPR and can be paid 100% by the EC to work on your behalf, so no need to dilute your equity through a VC. Creating a new product in a unproven market is terribly risky but highly profitable if done correctly for the owner of the IPR. If you would like HERI to remove the risk out of product development, visit http://www.uk-heri.org/land